Debt ceiling would go up, and discretionary spending would come down. House Speaker Kevin McCarthy of California revealed a plan to increase the debt limit and cut government…
Read MoreCOVID-19 Aid
$5.4 Billion in “Questionable” COVID-19 Loans Reported
House committee holds hearing on mismanagement, fraud, and wasted funds. The Pandemic Response Accountability Committee reports it has “identified 69,323 Social Security numbers used to obtain $5.4 billion…
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Secret Service Confirms COVID Money Stolen by Chinese Hackers
Tens of millions have been recovered in the case. The Secret Service confirmed a report this week that a China-based hacking group stole tens of millions of dollars…
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USAID Granting Millions to China COVID Research
Nine Senators call for halt to funding Chinese-connected group. Nine members of the U.S. Senate are calling for the U.S. Agency for International Development (USAID) to suspend giving…
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Unused COVID Funds Could Help Disaster Relief
Senator Rand Paul says he will introduce a bill to allow it. In the wake of the devastating flooding that has swept through Eastern Kentucky, Senator Rand Paul…
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USDA Covering Farmers’ COVID Safety Measures
Grants will cover the cost of protective equipment. The Department of Agriculture (USDA) announced over the weekend that it would begin to offer grants for farmers who implemented…
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Secret Service Recovers Stolen Unemployment
$2 billion in benefits returned from funds stolen during the pandemic. More than $2 billion in stolen unemployment benefits over the course of the COVID-19 pandemic have been…
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White House Responds to Economic Growth
Chair of Economic Advisors expresses cautious optimism. This past week, the latest economic reports of Gross Domestic Product, Personal Income, and the Employment Cost Index were released. The…
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SBA Offers Restaurant Revitalization Fund
Registration is immediately available, SBA administrator says. The Small Business Administration is offering $28.6 billion as revitalization funds specifically for restaurants. The registration window for receiving the assistance…
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Over 156 Million Stimulus Payments Distributed
Treasury Department reports roughly $372 billion distributed. The Treasury Department announced on Wednesday that it has recently surpassed 156 million payments to individuals as a part of the…
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